palmOne Works with PowerByHand to Launch Online eBook Store
eReader.com Provides 13,000 eBook Titles and Award-Winning Technology
Durham, NC and Milpitas, Calif. - July 7, 2004 - PowerByHand, the premier provider of mobile content and solutions, and palmOne, Inc. (Nasdaq: PLMO) today launched the palmOne eBook store (http://ebooks.palmone.com), with content provided by PowerByHand`s eReader.com, the world`s largest and most popular electronic bookstore.
palmOne currently provides its customers with access to PowerByHand`s award-winning eReader (formerly Palm Reader™) in the box with most palmOne™ devices. Visitors to the new eBook store can choose from more than 13,000 popular eBook titles in more than 40 categories, including bestsellers and new releases, such as "The Da Vinci Code" by Dan Brown, a publication of Doubleday and a division of Random House, "My Life" by Bill Clinton, published by the Knopf division of Random House, and Stephen King`s "Song of Susannah: The Dark Tower VI," published by Simon & Schuster.
The popularity of eBooks is growing at a rapid pace. The Open eBook Forum (OeBF) recently reported that eBooks are the fastest-growing segment of the publishing industry. The OeBF also reported that the number of eBooks sold increased by about 130,000 from the first quarter of 2003, from 288,440 to 421,955 eBooks sold, representing an increase of 46 percent.
"We are committed to providing our customers with a rich content selection for their palmOne devices, including access to the widest selection of eBooks available," said John Hartnett, palmOne`s vice president of eCommerce, Sales Development and Accessories business. "PowerByHand`s eReader.com is the leader in the eBook industry, and choosing their catalog for our store gives palmOne customers the ability to enhance their device experience and enjoy the mobility and flexibility that electronic reading provides."
"We are thrilled that palmOne, the world`s premier manufacturer of Palm OS® devices, has turned to us to provide its online eBook store," said Larry Wallace, vice president of business development, OS and Licensees at PowerByHand. "By working together, we can introduce palmOne customers to new possibilities for their devices through the rich experience of eReading."
About palmOne, Inc.
palmOne, Inc. delivers what matters most to customers -- whether a single consumer or company of thousands -- enabling users to improve their personal lives and professional productivity through mobile devices and solutions.
palmOne is the name adopted in October 2003 by Palm, Inc., when it spun off PalmSource, Inc., maker of the Palm OS® platform software, and acquired Handspring, Inc. Uniting the Zire™, Tungsten™ and Treo™ subbrands, the creation of palmOne launched a new, stronger market leader in handheld computer and communications hardware and software solutions.
More information about palmOne, Inc. is available at http://www.palmOne.com.
About PowerByHand
PowerByHand is the leading provider of mobile content and solutions. Through our industry leading technology, we deliver over 60,000 digital media titles to millions of customers monthly worldwide through our content sites PalmGear.com, eReader.com, Smartphone.net and PocketGear.com, and provide mobile content solutions which support over 50 million mobile subscribers through partners such as Verizon Wireless, mmO2, Lycos and PalmSource. For more information, visit www.powerbyhand.com.
palmOne, Palm Reader, Zire, Tungsten, Treo and Palm OS are among the trademarks or registered trademarks owned by or licensed to palmOne, Inc. or its subsidiaries. All trademarks and service marks are the property of their respective owners.
Media Contacts:
Lynn Vitello
PowerByHand
(919) 287-7345
lynn.vitello@powerbyhand.com
Shawn Ramsey-Kroboth
SRK Communications
(919) 359-0947
shawn@srkcommunications.com
Paul Araquistain
palmOne, Inc.
(408) 503-7636
paul.araquistain@palmOne.com
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